Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 81 - 88 of 88 results for "Fee disclosure statement"

CFS upgrades FirstChoice and FirstWrap platforms

MARK SMITH  |  TUESDAY, 7 MAY 2013
... and FirstWrap, containing simple and easy to understand fee information to assist advisers with their Fee Disclosure Statement (FDS) obligations from 1 July. The payment of conflicted remuneration has also been removed on FirstChoice Retail which means ...

Count eyes accounting firms

LAURA MILLAN  |  TUESDAY, 30 APR 2013
... out." On the last month, Count has reduced its platform pricing; it has transited into a fully-automated fee disclosure statement and has changed its asset allocation and model portfolios in order to reduce volatility.

Industry bodies welcome Code of Conduct update

LAURA MILLAN  |  MONDAY, 4 MAR 2013
The Financial Planning Association (FPA) and the Association of Financial Advisers (AFA) have welcomed the release of the Australian Securities and Investments Commission (ASIC) guidance on the regulatory code of conduct. After the release of the guidance ...

FPA grief over new fee rules

BEN COLLINS  |  FRIDAY, 25 JAN 2013
The Financial Planning Association has said it is "concerned" with a part of the Australian Securities & Investments Commission's final guidance on fee disclosure. Today the corporate watchdog handed down guidelines that tell Australian financial services ...

FOFA disadvantages early move on fee-for-service

MELANIE TIMBRELL  |  FRIDAY, 25 MAY 2012
... (FPA) said that while his organisation is seeking clarification, because product fees are excluded from a fee disclosure statement, trail commissions embedded in product fees would therefore be exempt, creating a disincentive to move early to a fee-for-service ...

Senate committee gives FOFA green light

MELANIE TIMBRELL  |  THURSDAY, 15 MAR 2012
... recommendations include provision of minimum disclosure guidelines on what providers need to include in the annual fee disclosure statement and further detail on how the fee disclosure statement will apply to existing clients. Other recommendations on ...

Annual fee collation too complex: FPA to PJC

MELANIE TIMBRELL  |  TUESDAY, 24 JAN 2012
... Services Bernie Ripoll has grilled the Financial Planning Association over claims the proposed annual Fee Disclosure Statement (FDS) as part of FOFA is unnecessary. Speaking at NSW Parliament House yesterday, FPA chief executive officer Mark Rantall ...

FOFA reaches parliament with undisclosed feature

ELISE BURGESS  |  FRIDAY, 14 OCT 2011
After many months of discussion, the FOFA Bill has finally reached parliament but planning associations the AFA and the FPA have slammed the motion after a new feature was revealed without prior consultation with the industry. Minister for Financial ...